Ascent Solar Technologies, Inc. (ASTI) surged over 128% on Thursday morning after the company announced that it is commencing work on a Collaborative Agreement Notice with NASA Marshall Space Flight Center and support from NASA Glenn Research Center to efficiently advance capabilities for receiving beamed power using CIGS PV modules.
ASTI is currently trading at $2.6599, up $1.4949 or 128.3176%, on a large volume of 37.5 million shares, above average volume of 77 thousand, on the Nasdaq. The stock opened its trading at $2.8601 after closing Wednesday at $1.1650. The stock has traded between $1.1000 and $12.0000 in the past 52-week period.
The program targets rapid iterative development to mature commercial products for enabling mission architectures to include beamed power.
The public-private partnership includes Ascent contributing design and prototyping services with NASA providing technical subject matter expertise and test services through combined MSFC & GRC efforts. This 12-month technology maturation will result in commercial products being made available for distributed space power infrastructure, drastically lowering the cost, complexity and risk of NASA missions.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.